2,3,4 ANSWER question a,b,c, Please show your steps/calculations and understanding steps by steps. All the answers must be written in decimal places with 2 EXACT decimals of precision. A. (Bank Of carleton) offers you a savings account with an interest rate of 6.3% which will be composed 11 times a year. If you invest $280,000 for 23 years, then calculate the capitalized value of your investment. b.bank of carleton Offers you a savings account with an interest rate of 5.1% which will be composed continuously. If you invest $149,000 for 29 years, then calculate the capitalized value of your investment. c. Bank of carleton Offers you a savings account with an interest rate of 9.25% which will be composed 18 times a year. If you plan to withdraw $1,000,000 in 24 years, then calculate the current value of your investment.
2,3,4
ANSWER question a,b,c,
Please show your steps/calculations and understanding steps by steps. All the answers must be written in decimal places with 2 EXACT decimals of precision.
A.
(Bank Of carleton) offers you a savings account with an interest rate of 6.3% which will be composed 11 times a year. If you invest $280,000 for 23 years, then calculate the capitalized value of your investment.
b.bank of carleton Offers you a savings account with an interest rate of 5.1% which will be composed continuously. If you invest $149,000 for 29 years, then calculate the capitalized value of your investment.
c. Bank of carleton Offers you a savings account with an interest rate of 9.25% which will be composed 18 times a year. If you plan to withdraw $1,000,000 in 24 years, then calculate the current value of your investment.
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